300MW/600MWh Independent Energy Storage Power Station Feasibility Study

This feasibility study report, prepared by State Power Investment Corporation Xinyuan Zhichu Energy Development (Beijing) Co., Ltd., evaluates the 300MW/600MWh independent energy storage power station project in Tengzhou Binhu, Zaozhuang City, Shandong Province. The project aims to enhance grid flexibility, support renewable energy consumption, and provide services such as peak shaving, frequency regulation, backup, and black start. The report covers Shandong electric power system analysis, construction conditions, technical schemes for energy storage, civil works, environmental protection, labor safety, organizational structure, implementation plan, investment estimation, financial analysis, risk analysis, and economic and social impacts. The investor, Xinyuan Zhichu, is a joint venture between China Power International Development and Beijing Hyperstrong Technology, combining expertise in energy development and energy storage technology. The project is expected to improve grid transmission capacity, reduce investment in transmission upgrades, and promote the transition to renewable energy. Key conclusions and recommendations are provided, supporting the project's viability and alignment with energy policies.